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Trade log: US HRC – Nov 23-25, 2020
Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.
December 1, 2020
·
By Grace Asenov
Insights
MORNING VIEW: Base metals mainly bullish; copper romps ahead, helped by strong Chinese data
Base metals prices were mainly stronger this morning, Monday November 30, helped by strong Chinese manufacturing purchasing managers’ index (PMI) data and a weaker dollar, but some of the metals are starting to look tired.
November 30, 2020
·
By William Adams
Insights
MORNING VIEW: LME copper price extends gains, other metals hold up in high ground
Markets were generally buoyant this morning, Thursday November 26, with more certainty on the horizon than of late, helped by US president-elect Joe Biden’s transition to the White House and with a rollout of the vaccines now insight, if things go according to plan.
November 26, 2020
·
By William Adams
Insights
FOCUS: European steelmaker consolidation could help control prices, costs
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.
November 24, 2020
·
By Julia Bolotova
Insights
MORNING VIEW: Copper sets fresh high; broader markets mostly upbeat, while gold suffers
The base metals on the London Metal Exchange were firmer across the board this morning, Tuesday November 24, although those on the Shanghai Futures Exchange were mixed following the weakness seen on the LME on Monday.
November 24, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices, broader markets remain upbeat
The base metals were mixed this morning, Monday November 23, but the underlying trends remain bullish following recent fresh highs in most of the metals.
November 23, 2020
·
By William Adams
Insights
US copper, brass scrap prices mixed; mart eyes China import regulations
US copper scrap exporters are waiting to see how China’s new regulations affect the flow of scrap metal to the Asian country, which could have a significant impact on domestic copper scrap prices.
November 20, 2020
·
By Rijuta Dey
Insights
Brazil’s soyoil premium over Arg. collapses on shortage, bio policy
The premium of Brazilian soyoil over Argentine soyoil collapsed this week after the Brazilian government...
November 19, 2020
·
By Rei Geyssens
Insights
MORNING VIEW: Markets mixed, but underlying trends in base metals robust despite headwinds
The metals were looking robust this morning, Wednesday November 18, and for the most part are managing to drive higher despite concerns about the rapid spread of Covid-19 and some mixed economic data of late.
November 18, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices consolidate gains after Monday’s double dose of positivity
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly lower this morning, Tuesday November 10, while prices consolidated after Monday’s double dose of positive news - that of Joe Biden winning the US presidential election and Pfizer announcing progress toward a potential Covid-19 vaccine.
November 10, 2020
·
By William Adams
Insights
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